PBSV — what changed in the latest 10-Q
A section-by-section comparison of PBSV's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-06-15 vs the prior 10-Q · 2026-03-17
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +9 | −8 | ~8 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3), Risk factors, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-06-15
For the six-month period ended April 30, 2026, the Company’s total revenues were approximately $5.0 million, a net increase of approximately $0.1 million when compared to the same period last year. The Puerto Rico market sustained an increase in project revenue of approximately $0.3 million, which w…
Revenues. Total revenues for the three and six months ended April 30, 2026 were $2.7 and $5.0 million, respectively, an increase of approximately $0.3 and $0.1 million when compared to the same periods last year, respectively. For the three months ended April 30, 2026, when compared to the same peri…
Cost of Services; Gross Profit. Cost of services for the three and six months ended April 30, 2026 were $1.8 and $3.4 million, respectively, while the gross profit for the three and six months ended April 30, 2026, had a slight decrease of 0.5 percentage points and sustained no change, when compared…
Selling, General and Administrative Expenses. Selling, general and administrative expenses for the three and six months ended April 30, 2026 were approximately $0.8 and $1.6 million, respectively. When compared to last year’s three and six month periods ended April 30, 2025, this represents a decrea…
Other Income, Net. Other income, net for the three and six months ended April 30, 2026 was approximately $0.1 and $0.2 million, respectively. These balances are mostly attributable to interest income, plus a negligible amount for the settlement of foreign exchange rates on intercompany balances.
Text removed vs the prior filing · source: 10-Q · 2026-03-17
For the three-month period ended January 31, 2026, the Company’s total revenues were approximately $2.3 million, a net decrease of approximately $0.2 million when compared to the same period last year.The European and US consulting markets had a decline in projects revenue of approximately $0.1 mill…
Revenues. For the three-month period ended January 31, 2026, the Company’s total revenues were approximately $2.3 million, a net decrease of approximately $0.2 million when compared to the same period last year. The European and US consulting markets had a decline in projects revenue of approximatel…
Cost of Services; Gross Profit. For the three-month period ended January 31, 2026, cost of services was approximately $1.6 million, a decrease of approximately $0.1 million, when compared to the same period last year. Overall gross profit had a 0.4 percentage points increase.
Selling, General and Administrative Expenses. For the three-month period ending January 31, 2026, selling, general and administrative expenses were approximately $0.8 million, sustaining a minor decrease when compared to the same period last year.
Other Income, Net. Other income, net for the three months ended January 31, 2026 was approximately $0.1 million. Other income, net, mainly represents (i) interest income, (ii) gain on the settlement of foreign exchange rates on intercompany balances, and (iii) gain on the disposition of a vehicle, i…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice